How to Optimize Taxes When You Tap Your Retirement Accounts

Strategically timing your withdrawals can limit your taxes, maximize your retirement earnings and give you a better chance of not running out of money in retirement.

A man uses a calculator as he goes over paperwork at the kitchen table.
(Image credit: Getty Images)

Retirement planning is a multifaceted process that requires careful consideration and strategic decision-making. It's not just about how much money you can put aside during your working years, but also how you utilize those funds in your golden years. Efficient saving and strategic withdrawal from various accounts is the key to a financially secure retirement.

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Antwone Harris, MBA, CFP®
Chief Planning Strategist, Platinum Bridge Wealth Strategies

Antwone Harris, MBA, CFP®, is a seasoned financial professional with over 20 years of experience helping clients transition from their main careers to the next phase of their lives. As a former VP-Senior Financial Consultant at Charles Schwab Inc., he managed over $890 million in client assets and ranked in the top 5% of more than 1,100 advisers nationwide. His financial expertise has been featured in major media outlets such as CBS, ABC, NBC, FOX, The Washington Post, Bloomberg, The Financial Times and Kiplinger. Harris is a CERTIFIED FINANCIAL PLANNER™ and a Retirement Income Certified Professional®, focusing his practice on creating comprehensive plans for individuals approaching or already in retirement. Recognizing the anxiety surrounding retirement preparation, Harris founded Platinum Bridge Wealth Strategies to provide specialized financial planning for those nearing or in retirement.